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If a buy back is taking place the MM's sure could tell. Why would they let the shares go on the cheap?
exceo I can remember when I saw TGA drop back to the 1/4 area and added. I have never regretted it. If you believe your DD you stay with your DD until its proved you are wrong. With oil exloration that is one long term wait. I just released land for 3 and 2 I amy ahve to wait 5 to see production on that. Of course that is low risk as I have a very low cost entry and the lease payment was more then my original cost. Gee I love mineral rights if I can get them at the right price.It looks to me as if ERHE has the mineral rights at the right cost.
Sidewiner are you talking dollars or shares? Your number is very close to my hard dollars.
Rocket when I spoke with the company I was told the Rig could not be moved due to all the rain in TX. That told me the rig was built waiting delivery and sitting in a yard or on trucks.
That is why someone must be there to challenge the proxies. Someone other then management needs to be there for the actual counting. Numbers can be turned in by machines and collection companies, but who monitors the final count? Usually its managment
CB has an agreement to work for the company. He accepted a set amount he is to be paid.If he expects a bonus he needs to prove to the owners (shareholders) that he has increased the value of the company. Based upon the increase I would favor a bonus. What he is demanding is ot fair. His method is extortion. from what he has just done it appears the value has dropped. Why give a bonus for failure?
righty the origninal post did not say Peltier wasn nominated for the Nobel Peace Price just a Nobel Prize. There are many Nobel Prizes, not just the Peace prize which is the one you keep referring to.
Righty Correct but wrong. There are many Nobel prizes Anyone can nominate, but if the recommened guide lines for that particular award are not with in the guide lines of the committe the nomination will be disallowed. However anyone can be nomintaed. Every year many are sent in who do not qualify, but they are sent due to resepect for that individual. Do you think Rush Limbaugh will get a Nobel prize. He was nominated.
Anyone can nominate anyone for the Nobel Prize. Its just send in the form. But being accepted that is another matter.
wow campioni back to 1/2 it was before the RS announcememt Gee that is really great.
Kobiashi I believe that to be correct. I can't see how a USA gov can negate an old contract between a buissness entiry and a foreign entity especialy one in which there was a service provided. The US government can notestablish fees a buisness can charge a foreign entity it would be restraint of trade.
Freemarket. I'm not sure it would have cost $50,000 for the update. THe field in question is not that large. I woud favor a new evaluation before splitting up the company or selling off any part(s) of it. I think any prudent buyer would also want that. Even if we have one a buyer may perform ne on their own just to verify.
Baddog sorry that is RS not RD
Rockets if the Uranium is that close to surface and in such high quanities then the entire tribe must have terminal cancer.
Fish production companies are valued as to reserves not what has been produced. Price of oil going up gas going up slow production not an issue what is left is the value minus production costs. CB and BOD know wht the reserves are, Theyu just are telling claiming its to costly to have an appraisal done. Let them tell you what the costs of an appraisal are. Also what did the last drillings discover?
Baddog what is that you are saying about a RD? Who has even suggested that if so WHY.
electric on the other hand if the offer is made only to a major shareholder and he sells to a group which then becomes the 51% holder what rights do the then minority shareholders have. Would they be squeezed or granted preferential rights should they remain? What type of compensation is then offered to small holders who were not in the negotiations with the larger holder? Do the winners of the old major shareholders shares have an obligation to pay the remaing shareholders the same as the prior sale of can they offer the remaining holders a lesser amount. Why would SEO sell to anyone? he has a plan and knows what the expected return is. What could make him sell. Restrictions have time limits.
Thanks wlbne I get all my important mail via USA mail. I don't trust internet as I all to often deleat items en mass and have done so to important stuff. So for me I prefer fax but USA mail is the alternative. I get over 300 emails per day most is junk.
Nice post Win just one more arrow ready to strike CB and his gang of posters. It will be very interesting to see who thee actual people are when all is revealed. An it will be revealed. We are witnessing a true case of wire fraud. CB's posters very well could face jail time.
I still haven't received a proxie. BDC was late getting to me almost didn't get to vote on that. I hold this in 6 different accounts with several firms. Has anyone received theirs from Schwab, AG EDwards, Dain, or Scott TIA
vgz and anv both beginning to have a positive chart forming.
Thanks RPT. I'll look into it. Right now chart looks good.
CTB he wasn't receptive because he doesn't want to have a releasse from the company nor himself which he may not want to adhere to at a latter date. Posters can say he has restrictions and they will not be changed,but he can't personnaly make taht claim. He wants to change his employment agreement with the company so what makes you think he won't make changes in the future. He is a tough negotiator and must be dealt with as such.
Thanks Huecares you just taught an old dawg a new tick
Voting on something as improtant as this without all of the facts as to the true reserves and operations of the company is just plain wrong. We are being asked to amke an uninformed decision. The fact that JC says they may not release information until after the vote tell us they already have all the info rady for release. IMo some small town lawyer in TX is sitting back hopeing to defend a big lawsuite. He will get paid a lot win or lose. JMO
Hey rpt great to hear from you. I'm not posting as much as I use to. But I do frequent the Coffee SHop on RB sometime and not very often calvf, on I hub I'm sometimes on amep (I have a lot of it about 1/2 of it now under water as big flap over a R/S might happen.) Also in NVMG near even on most of it. waiting for rig info. I like all the leases they have. Still heavy in ERHE. Looks like drilling in 08. Big deal now with Dept. of Justice. Could be a great time to get shares. I added 17,000 a couple weeks ago. Looking to do so again when funds available.Once in a great while I do Investor Village TGA board. I still have 1/4 of my original TGA shares. Sold some (to many) at 2.50 of course sold some at 8.25 but when you buy at .25-.35 can't complain. I'm looking to get out of more on the 7.50 area which I think will get there by late fall. SOld coovered call last friday on some of my PM's. mostly out of money, but AEM is getting close to going into the money on 45'. But they are Aug so I suspect there will be a pull back. If not I have good time premium. Can then decide to let go, buy back or roll out to Sep. I'm mostly in PM's and oil and gas. Had some FRPT which I sold way to soon.
huecares I'm confused where do you type in his name and does it require a premium subscription?
Nelderand ans to you PM Livingonpennies posted the initial statement just after the close then moments latter GEH posted the actual instrument. Both posts have been deleated. I had not seen Living post here ever before nor has that poster been on this site since that day. Why would a lurker post the statement of the R/S? How could the actual instrument appear so fast after that post? It takes time to get into gov. doc. find the item cut and paste then post. The post was ready to go IMO and a none poster was needed to drop the bomb. JMO
Bitters is an employee pure and simple. He has a contract to perform for the company. As an employee he owes his allegiance to the employer. At this time he and the BOD are attempting to break the contract and usurp the authority given them.
Baloonman I often think a few of the posters have multiple alias. IMO these are company men who have been here to lead and mislead as needed. should a lawsuite be forth coming these names will be discovered. Faces will be placed to them. What ever happened to the poster who dropped the bomb after the close on June 6th? What about the posts which included that post and 2 others which were deleated (as mention was made of them on this board) and by whom and why. Thanks to the ability of computers to save items I believe those post have been saved in someones documents.Humm wonder whose. If a fraud is being committed upon the shareholders it will take a few years in court but time does heal all wounds.
Pasha If that is the case I guess I should put in a large very low order so they can come down to my price?? Doesn't make sense.
onemanninj Thanks for the PM I am a cheap guy so don't have the option. I agree with what you said. I am wondering about the buy back? from wht I'v been able to find out it hasn't taken place.
Fish I suspect they are releasing drilling results and product just days before the vote in hopes of avoiding a lawsuite.Calling for a R/S with the BOD and management having knowledge of reserves and drilling results apperas to be with holding information for the bennifit of managment and at the expense of shareholders. Since the results are already know why are they waiting until then to release? Are the doctoring the information?
Good points Ballonman. I bought after word of the rig purchase and several calls to CB and JC.
yes rpt I check every now and then. Where are you active now?
I miss the old gang
tyoty right on. eom
What this about uranium. Does NVMG have oil rights or mineral rights. I can't believe the triebs would have granted both oil and mineral rights to the same party. If the company did sell the rig it will shopw up very soon. I doubt they have. Management has a game plan and from my conversations with them they will stick to it. They have not spoken to anyone about a JV as of a couple weeks ago. Rig was held up due to weather.
Curt Black can get upto 35 years for mail fraud in conection with his underhanded dealings with his company. Gee the initials Cb are the same.
As stated in the intro of one case I read in college business law. This case is going higher.
mom why a 1:10. At the time investmetnts were made all parties to the transaction accepted the risk and the agreed upon rewards. Now when rewards look astonomical the one party wants to alter the deal? Based upon what. He sat in the rain or had to truck water from a pond? It should be up to the share holders to bestow additonal rewards based upon progress not labor and managemtn acting as a union striking for higher wages. The owners of the company still have not been given full disclosure as to the true assets of this company. A few have knowledge and haven't released ALL the information available. What are the current reserves, Exploration companies are valued based upon potential holdings and proven reserves. Any change in our existing contract can be brought into court. CB may have a lawyer, but IMO he needs one with deep knowledge of Listed Corporations and contract law. My guess is his lawyer will call in someone with more expertise then he has. I see a lot of blunders and I'm a layman who has been down this road before.